The Potential Pitfalls of Regulatory Innovation

For the past five years or so, Ghana has ploughed a somewhat lonely furrow in the world of mobile money. One of the wealthiest countries (per capita) in West Africa, Ghana also has one of the highest banked populations in Sub-Saharan Africa, at around 30%[1], and one of the 10 highest unique mobile subscriber penetration

FIS Adds Biometric Access to Mobile Solutions

Forgotten passwords may be a thing of the past for FIS Mobile users thanks to the addition of biometrics by FIS, a global leader in banking and payments technology as well as consulting and outsourcing solutions. Most importantly, this breakthrough adds improved security to further ensure that only authorized users can access their accounts.Forgotten passwords may

Tempo Money Transfer Ties Up With Seylan Bank for Remittance to Sri Lanka

Seylan Bank, PLC one of the leading private banks in Sri Lanka and the Paris-based, Tempo Money Transfer service company have successfully completed integrations of their remittance platforms. This would ensure remitters requiring service in the Europe to Sri Lanka corridor are provided with a EU-standard money transfer services. Seylan Bank, network of 159 strategically

PayStand Launches First Mobile POS App for Credit Card, Check and Bitcoin Payments, Lowering Rates for Merchants

PayStand, a next-generation payment platform, announced the release of their mobile app in the Apple App Store, making it the first all-in-one mPOS (mobile point of sale) solution in the US to enable credit card, check and Bitcoin payments. Merchants on the PayStand platform can now accept payments on their iPhones at brick-and-mortar locations and

Drive-up Cash Withdrawals Cash machines With Air Conditioning For Saudi Hollandi Bank

Saudi Hollandi Bank will offer customers drive-up cash withdrawals at even more locations in the future. The bank is extending its ATM network both in the drive-up and branch area. Wincor Nixdorf together with its sales and service partner for Saudi Arabia, Abana, has received an order for delivery and installation of 130 CINEO ATMs.

Fiserv Survey Finds Mobile Visits, Bill Payments Up at Biller Websites, Yet Most Lack Mobile Bill Pay Strategy

Fiserv, Inc., a leading global provider of financial services technology solutions, there has been substantial growth in mobile bill pay offerings and usage over the past year. Almost one in five visits to a biller’s website come from a mobile device – a 55 percent increase over 2013. Of those visits, bill payment is the

Optimal Payments Leads the Way With Global Bitcoin Payment Acceptance

Optimal Payments Plc, a leading global online payment solutions provider, now allows customers to use Bitcoin to top up their NETELLER accounts. This announcement follows the entering into an agreement between Optimal Payments and BitPay Inc., one of the world’s largest Bitcoin payment providers and processors and makes Optimal Payments one of the first major

Proposed Acquisition by Optimal Payments of Skrill to Create Leading Global Player in Online Payment and Digital Wallet Services

Optimal Payments Plc, a global provider of online and mobile payment processing services, has entered into an agreement to acquire Skrill Group from CVC Funds and other shareholders, for an enterprise value of approximately €1.1 billion (US$[1.2] billion). The Skrill Group is one of Europe’s leading digital payments businesses providing digital wallet solutions and online

ShopKeep Launches Integrated Payments

ShopKeep, the cloud-based technology provider with more than 16,000 registers in use by retail shops, restaurants, and other organizations, introduced ShopKeep Payments. ShopKeep Payments is a fully customizable payment processing solution for retail shops, restaurants and other businesses that prefer to have one centralized system for their merchant services with no annual contracts. “ShopKeep is

Powa Technologies Adds EMV-Enabled AnywhereCommerce mSuite Solutions to PowaPOS Software Developer Kit

International commerce specialist Powa Technologies announced that it has formed a strategic partnership with AnywhereCommerce, a global provider of mobile commerce technology, by integrating AnywhereCommerce’s mSuite Solutions into the PowaPOS SDK. Through this partnership, independent software vendors (ISVs) will gain access to AnywhereCommerce’s suite of EMV and NFC payment solutions for iOS, Android and Windows